Good Educational Tax Free Savings Account (TFSA) Articles

Good Educational Tax Free Savings Account (TFSA) Articles

The Tax Free Savings Account, TFSA, is a great savings plan. Below is a collection of what I consider good educational articles about the TFSA. If you have further questions, please contact me.

When Not to Contribute to a TFSA

A TFSA isn’t the holy grail of investing. Learn five situations when it may not be the best use of your money…read more.

The Tax-free Savings Account is Starting to Grow Up

Introduced in the 2008 federal budget and coming into effect on Jan. 1, 2009, the TFSA has become an integral part of financial planning in Canada, with the lifetime contribution limit set to reach $52,000 in 2017, provided you were 18 at the time it came into existence.…read more.

Make your money grow faster by investing at the top of the year

When it comes to saving through registered savings plans, most of us make two very costly mistakes: we tend to contribute too little and too late in the year to get the full benefit of tax-free compounding. It is costing you money —and we’ll prove it….read more